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Prime Minister Narendra Modi with Pravind Kumar Jugnauth, Prime Minister of Mauritius, at the Hyderabad House in New Delhi.
SynopsisLow taxes, a streamlined regulatory environment, a skilled workforce, and a strategic location make Mauritius an attractive destination. The Indian Ocean island nation is home to international financial institutions and investment banks, which facilitate the infusion of capital for businesses, making it an attractive proposition as India’s hub in Africa.
6 mins read, Last Updated:
Sep 28, 2023, 08:23:11 PM IST
A scenic, picture postcard island nation just about 65 km long and 45 km wide could emerge as the gateway for bustling Indian businesses looking to expand their ambitious footprint to the endless opportunities in the vast swathes of Africa. For the uninitiated, Mauritius is smaller than India’s tourist state of Goa in land size, but revels as a premium global tourist destination flocked by nearly a million visitors annually. The island nation’s
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Source link : https://m.economictimes.com/prime/economy-and-policy/strategic-location-tax-doles-many-reasons-why-india-can-seek-a-mauritian-launchpad-to-africa/amp_primearticleshow/103997863.cms
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Publish date : 2023-09-28 07:00:00
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